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Eastern and Oriental Bhd Wayne Wong Eastern and Oriental Bhd (E&O) senior general manager group marketing and sales   “We expect the cautious optimism of the property market in Malaysia to continue as market players adjust to the new operating environment.

Asiana Agresif Sdn Bhd PROJECT SHOWCASED AT VPEX 2018 genKL This low density condominium in Kuchai Lama, Kuala Lumpur comprises a 30-storey residential block offering 332 units of condos with built-ups ranging from a cosy 1,150 sq ft to an expansive 1,574 sq ft.

KUALA LUMPUR (July 6): Sime Darby Property Bhd said it sold as much as 90% of its new launches within one week, suggesting resilient demand for both its residential and commercial products despite the soft property market.

Sunway Real Estate Investment Trust (July 5, RM1.

KUALA LUMPUR (July 6): The central bank’s plan to formulate a “relaxed” housing loan scheme to ease up the loan process for the middle 40% (M40) and the bottom 40% (B40) segments of the population may not be a move in the right direction and could worsen the problem, said a senior fellow of the Institute for Democracy and Economic Affairs (Ideas) in response to Housing and Local Government Minister Zuraida Kamaruddin’s announcement early this week.

HULU LANGAT (July 5): The Ministry of Water, Land and Natural Resources has assured that the Langat 2 water treatment plant (Langat 2) is able to supply an additional 1,130 million litres of treated water per day, up to the year 2025, for Klang Valley residents.

PETALING JAYA (July 5): The proposed mortgage with less stringent lending requirements by banks mooted by the Housing and Local Government Ministry (KPKT) that is aimed at benefiting the M40 and B40 groups may not be a good move, said the Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.

Sold for: RM683,000 (RM590 psf) Concluded by: Eric Mok of Ping Properties 012-388 0356 (PEA 1617) When: February 2018 Noteworthy: ● Built-up: 1,157sq ft ● Sold with tenancy ● Fully furnished as an office ● Sixth floor unit ● Completed in 2015 According to Ping Properties probationary estate agent Eric Mok, who concluded the deal, the office was sold at below market value.

KUALA LUMPUR (July 5): Dewan Bandaraya Kuala Lumpur (DBKL) plans to include shophouses and industrial areas in its sanitation blueprint and city ratings after it successfully rated 22 areas within Kuala Lumpur’s 11 constituencies, pending discussions with the Housing and Local Government Ministry (KPKT), reported The Star.

KUALA LUMPUR (July 5): Advisory Board members of Kuala Lumpur City Hall (DBKL) who were politically appointed must step down as Barisan Nasional is no longer in power in Putrajaya.